MEMORANDUM & ORDER
JOHN J. GALGAY, Bankruptcy Judge.
On August 17, 1981, the Securities Investor Protection Corporation ("SIPC") applied for the liquidation of John Muir & Co. ("Muir") in the United States District Court for the Southern District of New York. The case was removed to this Court, pursuant to section 78eee(b)(4) of the Securities Investor Protection Act, 15 U.S.C. § 78aaa et seq., ("SIPA"). Objection was made by Templeton...
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